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India pulls Binance, Kraken from App Store following AML breach

India has been accused of driving crypto traders to non-compliant services with a 30% tax on gains and a 1% deduction on transactions.

Mumbai airport threatened with bombing in bitcoin blackmail plot

The would-be bomber was arrested after giving Mumbai’s international airport 48 hours to hand over $1 million worth of bitcoin.

The alleged spy faces the death penalty or life in prison for allegedly selling India’s naval secrets to Pakistan in exchange for crypto.

The Ponzi-style scheme lured investors with hefty returns on investment in two fictitious cryptocurrencies, Korvio Coin and DGT Coin.

Coinbase says that it maintains a “robust tech hub” in India and still offers live products, including its Coinbase Wallet.